INTRODUCTION
Personal data of people is a real commodity for many data banks and organization who tend to monetize it. The issue with this is not that personal data of people are being monetized but that it is done without their consent. This is the case with many users globally, they seem to have lost control and have no way to figure out a solution. However, some users don't know what this means, they have no clue to the values their data hold and are careless. The best way to fight this is to first make them know what their data can be used for and how it is the major resources for many online companies. Then after this, they can plan on how they can trade them for money as strategized by ARCS platform.
WHAT IS ARCS?
This is an ecosystem with the vision of improving how we live by giving us an improved social structure that makes us have control over what is ours and decide how they are used. By giving all users the right to hold and sell their data, AIre is providing solutions to the illegal use of data by third parties. Right in this community, when you upload your data, you would be rewarded and given full privacy that allows your data to be protected and accessed by only you. When your data would be used by any other company, you would have rewards too and that would make it look more or less like you are a data business person. This activity is meant to be associated to people and seen as a part of their lives even as the platform will take care of the fair distribution of this commodity.
THE SOLUTIONS OF ARCS TO DATA OWNERS
This platform targets making all data users able to achieve efficiency in their use of data, such that all users would be motivated to put up all relevant information that would be useful for companies seeking real data. So AIre provides a means to collect users accurate data profiles so that data owners can always have a positive feedback at all times.
This platform has an infrastructure that makes all users data aggregated and unified to allow user's consent to be sought before decisions are made about their personal data. It has a dependable interface that makes this possible and as such, it is called the 'next generation bank'. This is used together with the wallet and token created for this purpose i.e ARCS. The wallet will enable the tokenizing of assets for payments to be done through it to other users.
CONCLUSION
AIRE will take full responsibility of users data through it's unique handling innovation to protect users from false data banks and their manipulations. Many service providers would be made to provide accurate services and all that would be done through ARCS token. The new technology will manage users data as well as the participating companies in the ecosystem.
USEFUL LINKS
Website: https://www.arcs-chain.com/
Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
Telegram: https://t.me/ARCS_ARX_EN
Twitter: https://twitter.com/ARCS_ARX
Medium: https://medium.com/arcs-arx-official
AUTHOR'S DETAILS
Bitcointalk Username: Conyema
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2802459